px Group Acquires German Hydrogen Specialists, LIFTE H2

px Group, the operator of several  UK and European infrastructure sites, revealed it has acquired a majority stake in LIFTE H2, the Germany-based one-stop shop for hydrogen engineering solutions.  
px Group Acquires German Hydrogen Specialists, LIFTE H2
Courtesy of px Group

LIFTE H2 is committed to driving Europe's green transition by engineering and delivering simple, safe and affordable hydrogen infrastructure solutions. LIFTE's executives and engineers bring extensive expertise in hydrogen technology, having previously worked on hydrogen and renewable energy projects for firms such as Shell, Uniper, E.ON, RWE, Siemens Energy, and TÜV SÜD.

LIFTE H2 maintains active roles in prominent industry bodies and associations, including Clean Energy Partnership, Hydrogen Europe, Deutsches Institut für Normung, and Clean Port & Logistics, reinforcing our commitment to sustainable progress.

px Group and LIFTE H2 share a long-term vision for the role of sustainable infrastructure in the energy sector. px Group says there are opportunities to bolster LIFTE H2's engineering team with its own engineering and operations expertise, as well as a potential to bring LIFTE H2's hydrogen development knowledge to the UK to accelerate the applications of hydrogen in the UK. Together px Group and LIFTE H2 engineering team have 250 capable engineers for various hydrogen and energy transition projects.

Geoff Holmes, CEO of px Group, said, "LIFTE H2's ambitious team has built an industry-renowned and industry-trusted business from scratch. Its commitment to a safe, simple and affordable solutions fits closely with px Group's commitments, and we're looking forward to growing together."

Paul Karzel, Managing Director at LIFTE H2, commented, "We're excited to partner with px group. Our complementary strengths will help us to deliver more and, in addition to our current portfolio, larger projects in hydrogen. This strategic alliance enhances the engineering capabilities of both sides in a complimentary way and unlocks resource efficiency in non-engineering related areas.

"Together, we're here to make hydrogen projects happen, building on and enhancing what we have already done at LIFTE H2. With px Group's experience in designing, operating and maintaining large process plants, and LIFTE H2's in-depth hydrogen expertise, we form a dynamic alliance that will invigorate the hydrogen industry."


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